SK Global Chemical Creates Aseptic Material Recycling System
SK Global Chemical Co., an SK Innovation subsidiary, announced that it would develop a resource circulation system for aseptic packaging. The South...
Yogiyo’s Acquisition Bidding Attracts Major Korean PEFs and Retailers
Yogiyo, South Korea’s second-biggest online food delivery platform, has attracted around ten preliminary bidders, many of which are domestic retail...
Ad-Tech Startup Moloco Becomes First Korean Unicorn In Silicon Valley
Moloco Inc., a tech-driven advertising solutions company, reported that it had completed its Series C funding, successfully becoming a unicorn....
LG Spinoff LX Holdings to Become Korea’s 50th Largest Conglomerate
LG Corp., South Korea’s fourth-largest conglomerate, announced that it had officially launched the new spinoff holding company LX Holdings. Following...
LG Uplus Improves Smart Port With New 5G-based Infrastructure
LG Uplus Corp., South Korea’s third-largest cellular service provider, developed and established a shipyard crane control system at Busan Port....
SK Hynix to Increase Memory Production Capital Expenditure
SK Hynix Inc., the world’s second-largest memory chip manufacturer, announced that it plans to increase its memory production capital expenditure....
K-Startup Grand Challenge 2021 Attracts Global Startups for Acceleration Program
K-Startup Grand Challenge 2021(KSGC 2021) is a global startup acceleration program organized and financed by the Korean government, South Korea's...
Naver Whale Targets to Become No.1 Browser In South Korea
Naver Corp., a leading South Korean web browser operator, announced that it aims to become the top search engine platform...
Samsung Launches Highest Performing 24G SAS Enterprise SSD Storage
Samsung Electronics unveiled and launched the industry’s highest-performing 24G SAS (SAS-4) solid-state drive (SSD), the PM1653. According to Samsung, the PM1653...
KT, Samsung Open World’s First 3GPP-Based Public Safety LTE Network
KT Corp. and Samsung Electronics announced that they had established the world’s first 3GPP-based nationwide public safety LTE (PS-LTE) network. The 3GPP (3rd Generation Partnership...
LG Innotek to Launch High-Performance Light Module Nexlide-E
South Korean electronic component company LG Innotek announced that it had created the Nexlide-E, a high-performance lighting module for automotive. As LG...
SK Hynix to Expand Foundry Operations to Tackle Chip Shortage
SK Hynix Inc., the world’s third-largest semiconductor company, announced that it plans to invest more in its chip foundry businesses....
Naver to Focus On Growth for Future Naver Webtoon US IPO Listing
Naver Corp., South Korea’s leading search engine operator, announced that it has plans to list Naver Webtoon in the US....
SK Telecom Develops 5G-Powered Disinfection Robot Keemi
SK Telecom Co. announced that it had developed ‘Keemi,’ a 5G network-connected robot that performs various health and medical functions. The...
Samsung ‘s New SmartThings Find Network Features Safety, Convenience
Samsung Electronics shared that its newly developed SmartThings Find network continues to grow significantly, registering over 70 million helper devices. In 2020, Samsung...
Hyundai, Kia, SK Innovation Partner to Develop Hybrid EV Battery (HEV)
Hyundai Motor Group and SK Innovation announced that they would be teaming up to develop hybrid electric vehicle (HEV) batteries. Accordingly, the two...
KT, LG Uplus, SKT Team Up to Build 5G Networks for Rural Communities
South Korea’s Ministry of Science and ICT (MSIT) announced it would establish 5G network connections to the domestic rural areas....
Kakao Diversifies E-Commerce Services with Zigzag Acquisition
Kakao Corp. announced that it would acquire Croquis, the operator of ZigZag, a local fashion shopping platform startup. Recently, the South Korean...
Hyundai to Accelerate Europe’s EV Adoption with Uber
Hyundai Motor Co. announced that it had signed a strategic partnership with Uber Technologies Inc. to advance Europe’s EV adoption. Last year, Uber...
Kakao Entertainment Looks into US IPO, Aims for $18 Billion Valuation
Kakao Entertainment Corp., a South Korean content provider, announced that it is looking into a US initial public offering (IPO)....